Electricity Retailers

Saving money on your monthly expenses is important to you and your family, and one way to save is by reducing your household electricity bill. You are presented with different choices when it comes to purchasing electricity, and we want you to understand each option.

REGULATED PRICE PLAN

The main points of the RPP are:

You are charged a regulated price per kilowatt hour (kWh) by Toronto Hydro for the electricity you consume.

The price is set by the Ontario Energy Board, the independent regulator of Ontario's energy sector, and remains stable for the summer and winter season for RPP and stable throughout the year for Time-of-Use rates.

Toronto Hydro does not earn a profit on the electricity it purchases for you.

You pay the cost of the electricity that Toronto Hydro buys in the market on your behalf.

You may also choose to buy your electricity from an electricity retailer. Electricity retailers purchase large "blocks" of wholesale electricity from power generating companies, and then sell it to consumers.

The main points of a retailer contract are:

You pay the retailer a "fixed-price per kilowatt-hour", as mutually agreed upon in a contract offered by the retailer;

The price offered is typically guaranteed for a specified number of years, although in some cases the price could change during the contract period.